Shelton v. MCLP Asset Co. CA2/5

CourtCalifornia Court of Appeal
DecidedDecember 19, 2024
DocketB330488
StatusUnpublished

This text of Shelton v. MCLP Asset Co. CA2/5 (Shelton v. MCLP Asset Co. CA2/5) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Shelton v. MCLP Asset Co. CA2/5, (Cal. Ct. App. 2024).

Opinion

Filed 12/19/24 Shelton v. MCLP Asset Co. CA2/5 NOT TO BE PUBLISHED IN THE OFFICIAL REPORTS

California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SECOND APPELLATE DISTRICT

DIVISION FIVE

ALDA SHELTON, B330488

Plaintiff and Appellant, (Los Angeles County v. Super. Ct. No. 22VECV00361) MCLP ASSET COMPANY, INC., et al.,

Defendants and Respondents.

APPEAL from a judgment of the Superior Court of Los Angeles County, Valerie Salkin, Judge. Reversed with directions. Alda Shelton, in pro. per., for Plaintiff and Appellant. Akerman, Parisa Jassim and Jacqueline Foroutan for Defendants and Respondents. ________________________ Plaintiff and appellant Alda Shelton appeals from a judgment following an order sustaining a demurrer without leave to amend in favor of defendants and respondents MCLP Asset Company, Inc. (MCLP), and Newrez LLC, doing business as Shellpoint Mortgage Servicing (Shellpoint). In her complaint, Shelton alleged she entered into an agreement to purchase real property, but the defendants falsely represented to the property owner that the loan on the property had been assigned to MCLP and payments were due to Shellpoint, delaying the close of escrow and causing Shelton to lose a favorable interest rate. On appeal, Shelton contends the allegations of the complaint are sufficient to state causes of action for slander of title, violation of Civil Code section 1512, negligence, intentional interference with contract, and intentional and negligent interference with economic advantage. We agree that the complaint states causes of action for intentional interference with contract and intentional interference with economic advantage, and therefore, we reverse, with directions.

FACTUAL AND PROCEDURAL BACKGROUND1

Nasrin Nino obtained a loan from Wells Fargo Bank for $650,000, secured by a deed of trust on real property located on Kelvin Place in Woodland Hills, which was recorded in December 2004.

1 In accordance with the standard of review, we treat the facts alleged in the complaint as true, other than legal conclusions and facts contrary to matters which may be judicially noticed. (See Terminals Equipment Co. v. City and County of San Francisco (1990) 221 Cal.App.3d 234, 241.)

2 In May 2021, Wells Fargo executed an assignment of the deed of trust, together with all liens and rights, to US Bank, N.A., as Trustee for the LB Igloo Series IV Trust claims. The assignment of the deed of trust to US Bank was recorded on May 17, 2021. In October 2021, US Bank executed an assignment transferring the deed of trust and the note to Community Loan Servicing, LLC. On December 4, 2021, Shelton, Jon Sherman, and Ramshin Daneshi entered into an agreement to purchase the Kelvin Place property from Nino. US Bank’s assignment of the deed of trust to Community was recorded on December 27, 2021. Community did not execute an assignment of the trust deed to anyone, but on January 27, 2022, MCLP sent a notice to Nino with the heading, “NOTICE OF ASSIGNMENT, SALE OR TRANSFER OF OWNERSHIP OF MORTGAGE LOAN (15 U.S.C. § 1641(g)).” The notice stated, “You are receiving this notice because the ownership of your mortgage loan identified below has been sold, assigned, or transferred to MCLP ASSET COMPANY, INC. . . .” The notice stated Community was the current loan servicer and the date of sale/assignment/transfer was December 30, 2021. “MCLP ASSET COMPANY, INC. does not service your loan. The current servicer of your loan is Community Loan Servicing. . . . [¶] . . . ANY MORTGAGE PAYMENTS SHOULD CONTINUE TO BE SENT TO YOUR MORTGAGE SERVICER. SHOULD YOU HAVE ANY QUESTIONS REGARDING YOUR LOAN, PLEASE CONTACT THE SERVICER USING THE CONTACT INFORMATION SET

3 FORTH BELOW.” The notice provided the mailing address and phone number for Community as the mortgage loan servicer. A new creditor is required to provide certain information to the borrower in writing within 30 days after a mortgage is assigned, including the location where the transfer of ownership of the debt is recorded. (15 U.S.C. § 1641, subd. (g)(1))(D).) MCLP’s notice stated, “ . . . The location of the place where transfer of ownership of the debt is or may be recorded is the office of public land records or the recorder of deeds office for the county or local jurisdiction where the property is located.” The notice added that the transfer of ownership did not change the address to send mortgage loan payments. Despite MCLP’s notice, however, MCLP had not obtained an assignment of the trust deed. On February 7, 2022, less than two weeks after MCLP’s notice stating Community continued to be the servicer for the loan, Shellpoint sent a notice to Nino stating that the servicing of the loan had been transferred from Community to Shellpoint effective February 1, 2022. Despite Shellpoint’s notice, however, there was no written authority from Community or MCLP authorizing Shellpoint to collect the payments on Nino’s loan. On February 8, 2022, Shellpoint provided a mortgage statement to Nino stating her loan was in default in the amount of $94,410, and informing her to make loan payments to Shellpoint. The account history listed on the notice showed an unpaid balance of $75,093.36 in September 2021, unpaid balances for each following month, and a total unpaid balance of $94,410.93 due March 1, 2022. The statement noted, “Our records show that either you are a debtor in bankruptcy or you discharged personal liability for your mortgage loan in

4 bankruptcy. [¶] We are sending this statement to you for informational and compliance purposes only. It is not an attempt to collect a debt against you.” (Emphasis omitted.) Nino and the buyers wanted to close the purchase of the property by March 10, 2022. Shelton and Sherman had an interest rate lock of 3.875 percent secured for a loan from California Bank and Trust that would expire on March 10, 2022. Shelton, on behalf of the buyers and Nino, sent an email to Shellpoint requesting the payoff amount. On February 24, 2022, Shellpoint provided a payoff demand for $489,271 to be paid to an account in Shellpoint’s name. Shellpoint could not provide any proof, however, that the trust deed had been assigned to MCLP or that Shellpoint was authorized to service the loan. No title insurance could be obtained to insure a payment of $489,271 to an alleged loan servicer who could not prove its authority and whose alleged principal was not in the recorded chain of title to the trust deed. On March 1, 2022, Shellpoint sent an email to Daneshi stating there was no assignment document in Shellpoint’s file and suggesting he might have better luck with the prior servicer, “Bayview.” Shelton sent a draft complaint to Shellpoint alleging causes of action for slander of title and quiet title based on Shellpoint’s demand for payment without proof that the loan had been assigned to MCLP or the servicing to Shellpoint. After receiving the pleading, Shellpoint’s attorney Chandler Thompson called Shelton. Shelton informed him that she could not buy the property if title insurance could not be obtained, and she would not pay $489,271 or complete the sale unless an assignment of the trust deed from Community to MCLP and/or Shellpoint had

5 been recorded. Thompson admitted no assignment of the loan had been executed, and as a result, no assignment could be recorded. He said he would try to obtain an assignment and record it.

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